Item 6. Selected Financial Data
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Item 6. Selected Financial Data
Eleven-Year Financial Summary
| (In thousands except per share and percentage data) | ||||||||||||||||||||||||||||||||||||
| Fiscal Years Ended May 31, | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 10-Year Compd Growth | ||||||||||||||||||||||||
| Revenue | $ | 2,271,052 | 2,686,585 | 2,814,059 | 3,067,283 | 3,403,608 | 3,706,900 | 3,937,900 | 3,774,685 | 3,547,339 | 3,810,384 | 4,102,000 | 6.1 | % | ||||||||||||||||||||||
| Net Income | $ | 229,466 | 243,191 | 265,078 | 292,547 | 323,382 | 334,538 | 335,405 | 226,357 | 215,620 | 246,989 | 297,637 | 2.6 | % | ||||||||||||||||||||||
| Basic EPS | $ | 1.35 | 1.43 | 1.55 | 1.70 | 1.93 | 2.09 | 2.15 | 1.48 | 1.40 | 1.68 | 2.27 | 5.3 | % | ||||||||||||||||||||||
| Diluted EPS | $ | 1.33 | 1.41 | 1.54 | 1.69 | 1.92 | 2.09 | 2.15 | 1.48 | 1.40 | 1.68 | 2.27 | 5.5 | % | ||||||||||||||||||||||
| Dividends Per Share | $ | 0.25 | 0.27 | 0.29 | 0.32 | 0.35 | 0.39 | 0.46 | 0.47 | 0.48 | 0.49 | 0.54 | 8.0 | % | ||||||||||||||||||||||
| Total Assets | $ | 2,519,234 | 2,582,946 | 2,810,297 | 3,059,744 | 3,425,237 | 3,570,480 | 3,808,601 | 3,720,951 | 3,969,736 | 4,351,940 | 4,160,906 | 5.1 | % | ||||||||||||||||||||||
| Shareholders' Equity | $ | 1,423,814 | 1,646,418 | 1,888,093 | 2,104,574 | 2,090,192 | 2,167,738 | 2,254,131 | 2,367,409 | 2,534,029 | 2,302,649 | 2,139,135 | 4.2 | % | ||||||||||||||||||||||
| Return on Average Equity (1) | 17.3 | % | 15.8 | % | 15.0 | % | 14.7 | % | 15.4 | % | 15.7 | % | 15.2 | % | 9.8 | % | 8.8 | % | 10.2 | % | 13.4 | % | ||||||||||||||
| Long-Term Debt | $ | 703,250 | 534,763 | 473,685 | 465,291 | 794,454 | 877,074 | 942,736 | 786,058 | 785,444 | 1,284,790 | 1,059,166 |
| (1) | Return on average equity is computed as net income divided by the average of shareholders' equity. We believe that this calculation gives management and shareholders a good indication of Cintas' historical performance. |
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